print-icon
print-icon

There Is No Way Food Prices Don’t Go Up (A Lot)

Capitalist Exploits's Photo
by Capitalist Exploits
Thursday, Feb 24, 2022 - 17:10

Russia produces roughly two-thirds of the world’s ammonia nitrate.

Russia introduces export ban on ammonium nitrate for two months — government – Business & Economy – TASS

Russia imposed a ban on ammonium nitrate export for two months, until April 2, the government’s press service said on Tuesday.

“The two-month ban on ammonium nitrate export comes into force from February 2. The relevant decree of the government was signed,” the press service said.

“This is a temporary measure. The remaining volume can be exported from April 2, when Russian companies will receive the ammonium nitrate in required volume and the demand for it on the domestic market will pass peak values,” First Deputy Prime Minister Andrey Belousov said.

“Wow, that’s a problem, Chris.” I know, right?

There is no way food prices don’t go up. A lot. I know I’ve mentioned this before, probably a few times, but it’s super important. When food prices rise to a point where they exceed 30% of disposable income, civil unrest and revolution become highly probable. Maybe not 2022, but at some point in the next few years we’re almost guaranteed a revolution, maybe more than one in countries which you’d never have thought such a thing possible.

Ammonium nitrate


Sticking with this part of the world..

Belarus bans transit of oil products, fertilisers from Lithuania

Belarus will ban oil and chemical products from crossing its territory from Lithuania, including fertilisers, in response to Lithuania’s decision to stop the transit of potash fertiliser from Belarus, the Belarusian foreign ministry said on Wednesday.

The ban comes into effect on Feb. 7, the ministry said, adding that the products in question amounted to 1.6 million tonnes a year, and were worth more than $1 billion.

Lithuania ceased transporting the potash, a major cash earner for Belarus, after the Vilnius government decided the transit goes against its national security interests.


Could it be that the market is waking up to what we’ve been hammering on about for two years now? That we’re going to have a food crisis and resource nationalism is going to become more popular than a “cancel Joe Rogan party” at Gavin Newsom’s place.

Here are two you should own if you don’t already:



 

How Our Fund Is Frontrunning The Economic Madness In 2022 And Beyond

  • Copper - Copper prices have to rise to address a huge supply deficit looming on the horizon.
  • Shipping - Shipping is vital for the functioning of the modern world, yet is priced for bankruptcy.
  • Eastern Europe - Position for the long term trend of capital moving from the West to the East with Polish and Russian equities markets.
  • US Dollar - We’re bearish all paper currencies, but believe that the USD will outperform all others.
  • Base Metals - Clean energy targets require more battery metals than existing global supply.
  • Off Shore Oil & Gas - Offshore oil investment has been smashed, yet consumption continues to grow.
  • Rare Earth Metals - A play on geopolitics and a cycle that should see a repricing of these commodities.
  • Russion Oil & Gas - Virtue signaling abandonment of fossil fuels led by Western oil co’s means Russia is taking up the slack.
  • Uranium - The looming supply deficit promises to pay handsomely when the market inevitably reprices.
  • Gold - Gold sees the perfect storm; the turn of a cycle, supply issues, and lack of faith in sovereign currency.
  • Coal - Modern society is dependent on coal, with supply continually growing. Is there a more hated investment?
  • Personal Defense - Order is breaking down in the US, and the unrest is giving us an opportunity to position for asymmetry.
  • Agriculture - Lockdowns and monetary stimulus have ensured food prices will rise, providing deep value.
  • Natural Gas - Supply and demand dynamics coupled with dependency from the US provides a great opportunity.
  • Plus much much more...

If these themes make sense to you then click the link below to learn more about Capitalist Exploits and how you can play along.

-----------

🚨  Stay Informed And Model Our Portfolio By Going Here And Signing Up >>

-----------

Contributor posts published on Zero Hedge do not necessarily represent the views and opinions of Zero Hedge, and are not selected, edited or screened by Zero Hedge editors.
0